Audio By Carbonatix
The Executive Director of the Africa Centre for Energy Policy (ACEP) has criticised the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo) for their inability to collect revenue.
According to Benjamin Boakye, this has led to the accumulation of debt and power shortages for Ghanaians.
Speaking on JoyNews’ Newsfile on Saturday, March 16, Mr Boakye stated that people are stealing power, yet these distribution companies have failed to address the issue effectively.
He emphasised that both ECG and NEDCo are merely engaged in "optics by going to government facilities to disconnect them" rather than tackling traceable bills.
Mr Boakye stated that the government is not evading responsibility and thus ECG can approach for negotiation on owed payments, adding that “you don’t go threatening the one you know."
He highlighted the inefficiencies within the distribution companies, particularly the ECG, citing technical and commercial losses amounting to approximately 30%.
"What that means is that if you give them GH₵2 billion worth of energy every month, they cannot account for almost GH₵600 million that goes to waste.
“And the government money you are chasing is not up to that money. Beyond that, the government is paying every month GH₵250 million for suppliers in the space so the hard work of going after those who are stealing power, we’re not seeing traction and the inefficiencies within the ECG itself, we’re not seeing how they are dealing with it,” he said.
Latest Stories
-
Church of Pentecost supports over 2,000 BECE candidates in Obuasi with career guidance seminar
14 minutes -
Brandon Asante and Coventry all but promoted to Premier League despite Sheffield Wednesday draw
35 minutes -
GPL 2025/26: Late Kwartemaa strike downs Hearts in Tema
42 minutes -
Ghana Faces Sierra Leone Moment as Prosecutorial Powers come under strain
51 minutes -
Don’t consume fish or seafood from Tema Shipyard until further notice – FDA warns
56 minutes -
Why volunteering might be Africa’s most underrated career accelerator
1 hour -
ActionAid Ghana raises concern over gender gaps in Feed Ghana Programme
1 hour -
Windstorm wreaks havoc in Gushegu, displacing nearly 2,000 residents and damaging schools
1 hour -
Friends of Bridget Bonnie Marks her 35th birthday with donation to Kasseh Model Health Centre
2 hours -
From Ekumfi Kokodo to the Pulpit Stage: Essi Donkor’s gospel journey takes shape
2 hours -
Landfilling waste management creates no value, it’s an economic waste
2 hours -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
3 hours -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
3 hours -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
3 hours -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
3 hours